2 weeks Ago By ABMN Staff
Public Employees Retirement Association of Colorado trimmed its stake in shares of Verint Systems Inc. ( NASDAQ:VRNT – Free Report ) by 5.2% during the second quarter, Holdings Channel reports.
The institutional investor owned 7,484 shares of the technology company’s stock after selling 408 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Verint Systems were worth $241,000 at the end of the most recent reporting period. Other institutional investors also recently made changes to their positions in the company.
PNC Financial Services Group Inc. raised its holdings in Verint Systems by 764.2% during the fourth quarter.
PNC Financial Services Group Inc. now owns 1,037 shares of the technology company’s stock worth $28,000 after purchasing an additional 917 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Verint Systems in the 1st quarter worth $30,000.
Innealta Capital LLC acquired a new stake in shares of Verint Systems in the second quarter valued at $36,000. FinTrust Capital Advisors LLC boosted its stake in Verint Systems by 173.7% during the first quarter.
FinTrust Capital Advisors LLC now owns 1,188 shares of the technology company’s stock valued at $39,000 after buying an additional 754 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in Verint Systems in the first quarter worth about $42,000.
94.95% of the stock is owned by institutional investors and hedge funds. Verint Systems Price Performance VRNT opened at $25.
57 on Friday. The firm has a market capitalization of $1.58 billion, a P/E ratio of 53.
27, a PEG ratio of 1.05 and a beta of 1.24.
The stock has a fifty day moving average of $30.51 and a 200-day moving average of $31.39.
The company has a quick ratio of 1.36, a current ratio of 1.41 and a debt-to-equity ratio of 0.
49. Verint Systems Inc. has a 12-month low of $18.
41 and a 12-month high of $38.17. Analyst Ratings Changes VRNT has been the subject of several research reports.
Royal Bank of Canada restated an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research report on Thursday, September 5th. Jefferies Financial Group reduced their target price on shares of Verint Systems from $32.
00 to $28.00 and set a “hold” rating for the company in a report on Thursday, September 5th. Evercore ISI dropped their price target on Verint Systems from $34.
00 to $30.00 and set an “in-line” rating on the stock in a report on Thursday, September 5th. Wedbush reissued an “outperform” rating and set a $38.
00 price objective on shares of Verint Systems in a research note on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 target price on shares of Verint Systems in a research report on Wednesday.
Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.67.
Read Our Latest Stock Analysis on VRNT Insider Buying and Selling In other Verint Systems news, insider Peter Fante sold 6,330 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $25.85, for a total value of $163,630.
50. Following the transaction, the insider now owns 91,334 shares in the company, valued at approximately $2,360,983.90.
The transaction was disclosed in a document filed with the SEC, which can be accessed through this link . In related news, insider Peter Fante sold 6,330 shares of Verint Systems stock in a transaction on Monday, September 16th. The stock was sold at an average price of $25.
85, for a total transaction of $163,630.50. Following the completion of the sale, the insider now owns 91,334 shares of the company’s stock, valued at $2,360,983.
90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Also, President Elan Moriah sold 7,160 shares of the company’s stock in a transaction dated Monday, September 16th.
The stock was sold at an average price of $25.85, for a total value of $185,086.00.
Following the completion of the transaction, the president now directly owns 139,251 shares in the company, valued at $3,599,638.35. The disclosure for this sale can be found here .
Over the last three months, insiders sold 33,811 shares of company stock worth $874,014. 1.70% of the stock is owned by company insiders.
Verint Systems Profile ( Free Report ) Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions. Further Reading Want to see what other hedge funds are holding VRNT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Verint Systems Inc. ( NASDAQ:VRNT – Free Report ). Receive News & Ratings for Verint Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verint Systems and related companies with MarketBeat.
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